Mexico's equity benchmark ended Wednesday's session higher, with the S&P/BMV IPC rising 0.44% to register a new all-time closing high. Broad gains were concentrated in the Industrials, Consumer Goods & Services and Consumer Staples sectors, which collectively pushed the market upward at the close.
Top and bottom performers
The session's largest gainer on the S&P/BMV IPC was América Móvil SAB de CV (BMV:AMXB), which advanced 4.87% - up 0.94 points to finish at 20.25. Mining and infrastructure firm Grupo México, S.A.B. De C.V. (BMV:GMEXICOB) added 2.25%, gaining 4.54 points to close at 206.26. Aeronautics operator Grupo Aeroportuario Del CentroNorte (BMV:OMAB) rose 1.15%, up 3.16 points to 277.30 in late trade.
On the downside, Becle SA (BMV:CUERVO) recorded the steepest decline, falling 4.27% or 0.85 points to end at 19.04. Bolsa Mexicana De Valores SAB De CV (BMV:BOLSAA) dropped 4.13%, losing 1.56 points to close at 36.21, while airline operator Controladora Vuela Compania de Aviacion SAB de CV (BMV:VOLARA) slipped 3.82%, down 0.70 points to 17.62.
Market breadth and notable highs
Advancing issues narrowly outnumbered decliners on the Mexico Stock Exchange, with 129 stocks rising compared with 124 that fell, and 19 finishing unchanged. Shares of Grupo Aeroportuario Del CentroNorte (BMV:OMAB) reached an all-time high in the session, closing at 277.30.
Commodities and FX movements
Commodity prices moved higher during the session. Gold futures for April delivery climbed 1.54%, or 77.35, to trade at 5,108.35 a troy ounce. In energy markets, crude oil for March delivery rose 1.58%, or 1.01, to $64.97 a barrel, while the April Brent contract increased 1.35%, or 0.93, to $69.73 a barrel.
Currency pairs involving the peso were mixed: USD/MXN was essentially unchanged, edging 0.03% to 17.18, while EUR/MXN eased 0.23% to 20.40. The US Dollar Index Futures gained 0.15% to 96.82.
This session's price action reflected a market led by specific industrial and consumer names, with commodity gains and modest FX movement providing the broader context for trading decisions.